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George Lindemann

Billionaire George Lindemann was the owner of the yacht A2. Lindemann is a succesful investor, active in several industries. He died in the summer of 2018 at the age of 82

Energy Transfer Equity

His shareholdings included an (estimated) stake of 6% in Energy Transfer Equity. George Lindemann’s father established the Nestle-LeMur Company, a cosmetics manufacturer active in hair products, which later merged into Smith, Miller & Patch Pharmaceuticals.

George Lindemann became president and sold the company in 1972 to Cooper Laboratories for a reported US$ 75 million.

Vision Cable

With the proceeds Lindemann started Vision Cable which he sold 10 years later for US$ 220 million. Then he founded the cell phone company Metro Mobile which he sold for US$ 2.5 billion 10 years later.

Southern Union Company

Than he acquired the Southern Union Company, which owns and operates one of the US’ largest natural gas pipeline systems. In 2011 Energy Transfer Equity acquired the Southern Union Company for US $8.9 Billion, of which US$5.1 billion in cash and the remaining in ETE shares.

Lindemann reportedly still owned 6% of the ETE shares at the time of his death.

George Lindemann Net Worth

The net worth of George Lindemann was estimated at US$ 3.3 billion (February 2018). Lindemann acquired his yacht A2 in 2011. She was then known as Masquerade of Sole, and owned by UK businessman Michael Rockall. Rockall had some fiscal problems when he sold his yacht. A2 was send to Pendennis for an intensive refit.

Schooner Adela

In 1995 Pendennis already did a refit on the 1903 built schooner Adela, which is also owned by George Lindemann. The luxury yacht A2 actually serves as a support ship to the schooner Adela.

George Lindemann House

George Lindemann owned a large house in Palm Beach, Florida. He sold this house in the summer of 2017 for US$ 25 million. George lived with his wife Frayda Lindemann in a large house in Miami Beach.

Lindemann Private Jet

We think Lindemann was the owner of a Bombardier Global 6000 private jet with registration N543GL. Do you know more about a private jet owned by George Lindemann? Please do send us a message.

Charter Yacht Adela

Neither the yacht A2 or Adela is available for charter.

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